Vantage Drilling International Ltd., founded in 2007 and headquartered in Houston, Texas, provides offshore drilling services to oil and gas exploration and production companies worldwide. The company specializes in operating modern drilling rigs and offers comprehensive solutions aimed at maximizing operational efficiency and safety.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| VTG 9.50% 2028-02-15 USDVantage Drilling International Ltd. | United States | 2028-02-15 | 9.500 | 7.39 |
| VTG 9.50% 2028-02-15 USDVantage Drilling International Ltd. | United States | 2028-02-15 | 9.500 | 7.39 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Vantage Drilling entered the bond market in 2011, issuing its first corporate bonds to finance fleet expansion and operational enhancements. Notably, in 2017, the company completed a significant bond issuance that was pivotal in restructuring its debt and improving liquidity, with current yields on its bonds remaining attractive compared to industry peers. The bond features have included flexible maturity dates and options for early redemption, contributing to their appeal among investors seeking stability in the volatile energy sector.